Welcome to our dedicated page for ArrowMark Financial news (Ticker: BANX), a resource for investors and traders seeking the latest updates and insights on ArrowMark Financial stock.
ArrowMark Financial Corp. (symbol: BANX) is a non-diversified, closed-end management investment company that aims to provide its stockholders with current income and, to a lesser extent, capital appreciation. The company strategically invests in a variety of portfolios, including debt securities, trust preferred and preferred securities, exchange-traded funds (ETFs), money market funds, and more. These diversified investments allow ArrowMark Financial to navigate different market conditions and pursue its financial objectives effectively.
ArrowMark Financial has a keen focus on achieving consistent income for its investors. By investing in preferred and debt securities, the company aims to generate stable returns while maintaining a balanced approach to risk. This investment strategy is particularly significant in volatile markets where traditional equity investments might underperform. Furthermore, the inclusion of ETFs and money market funds adds liquidity and flexibility to the portfolio, enabling the company to manage market fluctuations proactively.
Recent financial reports and annual filings are accessible on the SEC's website and the company's investor relations page, offering transparency and insight into the company's performance and strategy.
ArrowMark Financial operates under the advisement of Destra Capital Advisors LLC, which provides secondary market services. Investors can reach out to Destra Capital Advisors for more information or clarification regarding their investments. The advisory relationship ensures that ArrowMark Financial leverages expert insights and market intelligence to guide its investment decisions.
Contact Information:
Email: BANX@destracapital.com | investorrelations@arrowmarkfinancialcorp.com
Phone: (877) 855-3434
ArrowMark Financial Corp. (NASDAQ: BANX) has announced its estimated and unaudited Net Asset Value (NAV) as of June 30, 2024. The NAV stands at $21.58 per share. It is important to note that this figure does not represent a complete financial statement or the final results for the month of June 2024. ArrowMark Financial made this announcement on July 11, 2024.
ArrowMark Financial Corp. (NASDAQ: BANX) announced its estimated and unaudited Net Asset Value (NAV) for May 31, 2024, at $21.76 per share. This evaluation is not a full financial statement or a complete reflection of the company's financial status for the month.
ArrowMark Financial Corp. (Nasdaq: BANX) announced its Q1 2024 results and a cash distribution of $0.45 per share for Q2 2024. The distribution will be paid on June 28, 2024, to shareholders on record by June 24, 2024. Net income for Q1 2024 was $0.70 per share, exceeding the distribution. Over the past four years, ArrowMark Financial has consistently over-earned its quarterly distribution, providing steady income to shareholders, as highlighted by Chairman & CEO Sanjai Bhonsle.
ArrowMark Financial Corp. (NASDAQ: BANX) announced its estimated and unaudited Net Asset Value (NAV) for April 2024. As of April 30, 2024, the NAV stood at $21.49.
This figure provides a snapshot of the company's financial health but does not represent a complete financial statement for the month. Investors should consider this value as an estimate and not a final, audited figure.
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